Kraken Pushes ‘Pro’ Product for Advanced Traders
Crypto exchange Kraken has publicly launched Kraken Pro, a suite of advanced trading tools and a new interface that unifies access to spot trading, margin trading, staking and portfolio management.
Kraken’s Incoming CEO Shares 5 Major Crypto Trends for 2023, Including What He Believes Will Be the Leading Use-Cases
David Ripley says crypto price drops tend to expose those that aren't following proper protocol. But once the dust settles, we'll start to see new projects come to the surface, he added.
Crypto Exchange Kraken Is Facing Difficulties Amid the Crypto Downturn and Taking Steps To Stay Afloat
Crypto exchange Kraken is facing difficulties amid the crypto downturn and taking steps to stay afloat.
Kraken’s Incoming CEO Denounces Sam Bankman-Fried as a Fraudster
Dave Ripley – the incoming CEO of crypto exchange Kraken – said he has inside information that FTX scammed its users. He expects more contagion from the crisis, assuring that his entity would not be affected.
Crypto Exchange Kraken to Lay Off 1,100 as Industry Pain Deepens
The crypto exchange Kraken is laying off 30% of its workforce, or about 1,100 people, as the fallout from this year’s digit-asset market meltdown worsens.
Kraken Takes Steps to Weather Crypto Winter
Kraken is reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market conditions. Since the start of this year, macroeconomic and geopolitical factors have weighed on financial markets. This resulted in significantly lower trading volumes and fewer client sign-ups. We responded by slowing hiring efforts and avoiding large marketing commitments. Unfortunately, negative influences on the financial markets have continued and we have exhausted preferable options for bringing costs in line with demand.
Binance, Coinbase, Kraken Ordered to Disclose User Data in Hack Probe
Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. London’s High Court issued a court judgment demanding the handover of the data, according to a Financial Times <a href="https://www.ft.com/content/949fb302-fcb5-455e-8ba3-7e83e6337c86" target="_blank">report</a>. Two of the six exchanges involved were not named.
Binance, Coinbase Among Six Crypto Firms Questioned by US Senator After FTX Mess
Senator Ron Wyden wrote letters to Binance, Bitfinex, Coinbase, Gemini, Kraken, and KuCoin, seeking answers on the risks consumers face when investing on their platforms.
Kraken Cuts Workforce by 30% in an Effort To Survive Crypto Winter
Cryptocurrency exchange Kraken <a href="https://blog.kraken.com/post/16442/business-update/" target="_blank">announced</a> on Nov 30, that it has made “one of the hardest decisions” to cut down its global workforce by approximately 1,100 people, making up approximately 30% of its total workforce, amid current market conditions.
Kraken to Layoff 30% of its Workforce as Crypto Winter Bites
Due to the prolonged crypto bear market, Kraken will let go of 1,100 employees or 30% of its workforce.